Press Release

Newsroom

STAMFORD, Conn., January 11, 2023

Gartner Says Worldwide PC Shipments Declined 28.5% in Fourth Quarter of 2022 and 16.2% for the Year

PC Demand Collapses Due to Economic Uncertainty

Worldwide PC shipments totaled 65.3 million units in the fourth quarter of 2022, a 28.5% decrease from the fourth quarter of 2021, according to preliminary results by Gartner, Inc. This marks the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-1990s. For the year, PC shipments reached 286.2 million units in 2022, a 16.2% decrease from 2021.

“The anticipation of a global recession, increased inflation and higher interest rates have had a major impact on PC demand,” said Mikako Kitagawa, Director Analyst at Gartner. “Since many consumers already have relatively new PCs that were purchased during the pandemic, a lack of affordability is superseding any motivation to buy, causing consumer PC demand to drop to its lowest level in years.”

“The enterprise PC market is also being impacted by a slowing economy,” added Kitagawa. “PC demand among enterprises began declining in the third quarter of 2022, but the market has now shifted from softness to deterioration. Enterprise buyers are extending PC lifecycles and delaying purchases, meaning the business market will likely not return to growth until 2024.”

Simultaneously, higher PC inventory levels started building in the first half of 2022 and have become a bottleneck for the PC market. Low PC supply caused by high demand and supply chain disruptions through 2021 quickly turned into an excess of supply once demand quickly and significantly slowed.

The top three vendors in the worldwide PC market remained unchanged in the fourth quarter of 2022, with Lenovo maintaining the No. 1 spot in shipments (see Table 1).

Table 1. Preliminary Worldwide PC Vendor Unit Shipment Estimates for 4Q22 (Thousands of Units)

Company

4Q22 Shipments

4Q22 Market Share (%)

4Q21 Shipments

4Q21 Market Share (%)

4Q22-4Q21 Growth (%)

Lenovo

15,663

24.0

21,933

24.0

-28.6

HP Inc.

13,216

20.2

18,646

20.4

-29.1

Dell

10,884

16.7

17,280

18.9

-37.0

Apple

 7,011

10.7

7,807

8.6

-10.2

ASUS

4,876

7.5

6,078

6.7

-19.8

Acer

3,589

5.5

6,104

6.7

-41.2

Others

10,051

15.4

13,447

14.7

-25.3

Total

65,292

100.0

91,296

100.0

-28.5

Notes: Data includes desktop and laptop PCs that are equipped with Windows, macOS and Chrome OS. All data is estimated based on a preliminary study. Final estimates will be subject to change. The statistics are based on shipments selling into channels. Numbers may not add up to totals shown due to rounding.
Source: Gartner (January 2023)

While Lenovo maintained 24% market share, the company experienced its steepest decline since Gartner started tracking the PC market. Lenovo’s shipments fell in all regions except in Japan, declining over 30% in EMEA and Latin America.

HP and Dell also experienced historically steep declines. HP was hit hardest in the EMEA market, where shipments decreased 44% year-over-year. For Dell, weak demand in the large business market impacted shipments in the second half of 2022.

Regional Overview
The U.S. PC market declined 20.5% in the fourth quarter of 2022, registering its sixth straight quarter of shipment decline. Echoing the trend of the global PC market, both consumer and business PC spending slowed due to economic conditions.

“Even as vendors offered deep PC discounts during the holiday season in an attempt to lower inventory, consumers were not swayed to spare their money,” said Kitagawa.

HP took over the top spot in the U.S. PC market based on shipments with 26.8% market share. Dell followed with 23.4% of the U.S. PC market share (see Table 2).

Table 2. Preliminary U.S. PC Vendor Unit Shipment Estimates for 4Q22 (Thousands of Units)

Company

4Q22 Shipments

4Q22 Market Share (%)

4Q21 Shipments

4Q21 Market Share (%)

4Q22-4Q21 Growth (%)

HP Inc.

4,582

26.8

5,380

25.0

-14.8

Dell

4,005

23.4

5,925

27.5

-32.4

Apple

2,936

17.2

3,030

14.1

-3.1

Lenovo

2,387

14.0

3,147

14.6

-24.2

ASUS

954

5.6

906

4.2

5.3

Acer

729

4.3

1,125

5.2

-35.1

Others

1,511

8.8

2,001

9.3

-24.5

Total

17,104

100.0

21,513

100.0

-20.5

Notes: Data includes desktop and laptop PCs that are equipped with Windows, macOS and Chrome OS. All data is estimated based on a preliminary study. Final estimates will be subject to change. The statistics are based on shipments selling into channels. Numbers may not add up to totals shown due to rounding.
Source: Gartner (January 2023)

The EMEA PC market had a historical decline of 37.2% year over year, due to the intersection of political unrest, inflationary pressures, interest rate increases and a pending recession.

“A decline of this magnitude only happens when market demand effectively comes to a halt,” said Kitagawa. “Business and consumer confidence across EMEA has collapsed, leading to a huge drop in PC demand. A massive increase in inventory has also severely limited sell-in opportunities as sellers focus on moving old stock.”

The Asia Pacific market excluding Japan declined 29.4% year-over-year, mainly due to the market in China. While the fourth quarter has traditionally been peak season for China’s business PC market, budget cuts by the Chinese government and uncertainty around changing COVID policies led to a significant drop in overall PC demand.

Annual Overview: PC Market Collapses After COVID Boom
Worldwide PC shipments totaled 286.2 million units in 2022, a 16.2% decrease from 2021 and the worst annual shipment decline in Gartner’s PC tracking history (see Table 3).

Table 3. Preliminary Worldwide PC Vendor Unit Shipment Estimates for 2022 (Thousands of Units)

Company

2022 Shipments

2022 Market Share (%)

2021 Shipments

2021 Market Share (%)

2022-2021 Growth (%)

Lenovo

68,997  

24.1

83,449

24.4

-17.3

HP Inc.

55,558  

19.4

74,181

21.7

-25.1

Dell

50,007  

17.5

59,560

17.4

-16.0

Apple

27,911  

9.8

26,944

7.9

3.6

Asus

20,662  

7.2

21,634

6.3

-4.5

Acer

18,708  

6.5

24,256

7.1

-22.9

Others

44,353  

15.5

51,703

15.1

-14.2

Total

286,197

100.0

341,727

100.0

-16.2

Notes: Data includes desktop and laptop PCs that are equipped with Windows, macOS and Chrome OS. All data is estimated based on a preliminary study. Final estimates will be subject to change. The statistics are based on shipments selling into channels. Numbers may not add up to totals shown due to rounding.
Source: Gartner (January 2023)

“Total PC shipments in 2022 were close to pre-COVID levels, with 2019 shipments well below 300 million units,” said Kitagawa. “The PC industry experienced very unusual ups and downs over the past 11 years.  After the extraordinary growth period between 2020 and 2021 due to the pandemic, the market has clearly begun a downward trend which will continue until the beginning of 2024.”

These results are preliminary. Final statistics will be available soon to clients of Gartner’s PC Quarterly Statistics Worldwide by Region program. This program offers a comprehensive and timely picture of the worldwide PC market, allowing product planning, distribution, marketing and sales organizations to keep abreast of key issues and their future implications around the globe.

About Gartner for High Tech
Gartner for High Tech equips tech leaders and their teams with role-based best practices, industry insights and strategic views into emerging trends and market changes to achieve their mission-critical priorities and build the successful organizations of tomorrow. Additional information is available at www.gartner.com/en/industries/high-tech.

Follow news and updates from Gartner for High Tech on Twitter and LinkedIn using #GartnerHT.

Media Contacts


Latest Releases

About Gartner

Gartner, Inc. (NYSE: IT) delivers actionable, objective insight to executives and their teams. Our expert guidance and tools enable faster, smarter decisions and stronger performance on an organization’s mission critical priorities. To learn more, visit gartner.com.